Northrop Grumman Corp chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 236.29
Dividend & Yield6.92$ (1.50%)
Beta 0.5
Market capitalization 71.67B
Operating cash flow 2.9B
ESG Scores 27.4

Company description

Northrop Grumman Corporation operates as an aerospace and defense company worldwide. The company's Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems in the United States and internationally. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic ISR systems and vertical take-off and landing tactical ISR systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems. Its Defense Systems segment designs, develops, and produces weapons and mission systems. It offers products and services, such as integrated battle management systems, weapons systems and aircraft, and mission systems. This segment also provides command and control and weapons systems, including munitions and missiles; precision strike weapons; propulsion, such as air-breathing and hypersonic systems; gun systems and precision munitions; life cycle service and support for software, weapons systems, and aircraft; and logistics support, sustainment, operation, and modernization for air, sea, and ground systems. The company's Mission Systems segment offers cyber, command, control, communications and computers, intelligence, surveillance, and reconnaissance systems; radar, electro-optical/infrared and acoustic sensors; electronic warfare systems; advanced communications and network systems; cyber solutions; intelligence processing systems; navigation; and maritime power, propulsion, and payload launch systems. This segment also provides airborne multifunction sensors; maritime/land systems and sensors; navigation, targeting, and survivability solutions; and networked information solutions. Its Space Systems segment offers satellites and payloads; ground systems; missile defense systems and interceptors; launch vehicles and related propulsion systems; and strategic missiles. The company was founded in 1939 and is based in Falls Church, Virginia.

Sector: Industrials - Industry: Aerospace & Defense

Financial Ratios
Quick Ratio1.22
Working Capital2.42
Return On Equity0.54
Debt To Equity0.99
Fixed Asset Ratio0.02
Fixed Interest Cover13.48

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities 617M 719M 376M 572M
Total Cashflows From Investing Activities -1.21B -1.21B 2.06B -1.24B
Net Borrowings -729M 1.13B -2.24B
Total Cash From Financing Activities -2.42B -432M -7B -2.61B
Change To Operating Activities -78M -147M 66M 2M
Issuance Of Stock
Net Income 2.25B 3.19B 7B 4.9B
Change In Cash 666M 2.66B -1.38B -953M
Effect Of Exchange Rate
Total Cash From Operating Activities 4.3B 4.3B 3.57B 2.9B
Depreciation 1.26B 1.27B 1.24B 1.34B
Change To Account Receivables -213M -125M -424M -690M
Other Cashflows From Financing Activities -6M -57M -44M -7M
Change To Netincome 656M -378M -4.86B -2.74B
Capital Expenditures -1.26B -1.42B -1.42B -1.44B

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development
Income Before Tax 2.55B 3.73B 8.94B 5.84B
Net Income 2.25B 3.19B 7B 4.9B
Selling General Administrative 4.29B 3.25B -227M 1.14B
Gross Profit 7.26B 7.48B 7.27B 7.47B
Ebit 2.97B 4.23B 7.5B 6.34B
Operating Income 2.97B 4.23B 7.5B 6.34B
Interest Expense -528M -593M -556M -506M
Income Tax Expense 300M 539M 1.93B 940M
Total Revenue 33.84B 36.8B 35.67B 36.6B
Cost Of Revenue 26.58B 29.32B 28.4B 29.13B
Total Other Income ExpenseNet -421M -501M 1.44B -502M
Net Income From Continuing Ops 2.25B 3.19B 7B 4.9B
Net Income Applicable To Common Shares 2.25B 3.19B 7B 4.9B

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 32.27B 33.89B 29.65B 28.44B
Total Stockholder Equity 8.82B 10.58B 12.93B 15.31B
Other Current Liabilities 3.97B 4.77B 5.05B 5.37B
Total Assets 41.09B 44.47B 42.58B 43.76B
Common Stock 168M 167M 156M 153M
Other Current Assets 1.64B 180M
Retained Earnings 8.75B 10.48B 12.91B 15.31B
Treasury Stock -97M -128M -143M -153M
Cash 2.25B 4.91B 3.53B 2.58B
Total Current Liabilities 9.43B 9.58B 9.53B 11.59B
Other Stockholder Equity -97M -128M -143M -153M
Property, Plant, and Equipment 8.42B 8.6B 9.55B 10.61B
Total Current Assets 10.69B 15.34B 12.43B 12.49B
Net Tangible Assets -10.93B -7.72B -5.17B -2.59B
Net Receivables 7.21B 7.43B 7.53B 8.34B
Accounts Payable 2.23B 1.81B 2.2B 2.59B


Insider Transactions

Here are the insider transactions of stock shares related to Northrop Grumman Corp:

Filer Name Transaction Text Ownership Date Filer Relation Shares
HARDESTY MICHAEL ASale at price 470.49 per share.D2023-02-28Officer715
CHESTON SHEILA CSale at price 474.78 per share.D2023-02-21General Counsel824
HARDESTY MICHAEL ASale at price 474.78 per share.D2023-02-21Officer209
JONES THOMAS H.Sale at price 474.78 - 475.00 per share.D2023-02-21Officer728
JONES THOMAS H.Sale at price 465.44 per share.D2023-02-17Officer440
CHESTON SHEILA CD2023-02-16General Counsel7.03k
PERRY DAVID TD2023-02-16Officer4.87k
WARDEN KATHY JD2023-02-16Chief Executive Officer36.5k
CAYLOR MARK AD2023-02-16Officer8.11k
HARDESTY MICHAEL AD2023-02-16Officer2.19k
KEFFER DAVID FD2023-02-16Chief Financial Officer11.82k
ADDISON ANN MD2023-02-16Officer4.87k
KALAN LESLEY A.D2023-02-16Officer4.87k
RYAN LUCY CD2023-02-16Officer1.62k
PETRYSZYN MARY DD2023-02-16Officer8.11k
JONES THOMAS H.D2023-02-16Officer1.32k
WILSON THOMAS L. JR.D2023-02-16Officer1.05k
ROEDER ROSHAN S.D2023-02-16Officer757
HARDESTY MICHAEL ASale at price 465.92 per share.D2023-02-15Officer203
PETRYSZYN MARY DSale at price 465.92 per share.D2023-02-15Officer856
JONES THOMAS H.Sale at price 465.92 per share.D2023-02-15Officer62
CHESTON SHEILA CSale at price 467.81 per share.D2023-02-13General Counsel2.55k
CHESTON SHEILA CD2023-02-13General Counsel2.21k
PERRY DAVID TD2023-02-13Officer1.53k
WARDEN KATHY JD2023-02-13Chief Executive Officer11.45k
CAYLOR MARK AD2023-02-13Officer2.54k
HARDESTY MICHAEL ASale at price 467.81 per share.D2023-02-13Officer1.18k
HARDESTY MICHAEL AD2023-02-13Officer594
ADDISON ANN MD2023-02-13Officer1.53k
KALAN LESLEY A.D2023-02-13Officer1.53k
RYAN LUCY CD2023-02-13Officer509
PETRYSZYN MARY DD2023-02-13Officer2.54k
JONES THOMAS H.D2023-02-13Officer359
WILSON THOMAS L. JR.D2023-02-13Officer284
ROEDER ROSHAN S.D2023-02-13Officer205
KRAPEK KARL J.Stock Award(Grant) at price 545.00 per share.D2022-12-30Director64
BROWN MARIANNE CATHERINEStock Award(Grant) at price 545.61 per share.D2022-12-30Director74
KRISHNA ARVINDStock Award(Grant) at price 505.13 per share.D2022-11-16Director174
CAYLOR MARK ASale at price 511.76 - 524.24 per share.D2022-11-04Officer1.06k
JONES THOMAS H.Stock Gift at price 0.00 per share.D2022-11-04Officer422
JONES THOMAS H.Sale at price 526.00 per share.D2022-11-04Officer167
KRAPEK KARL J.Stock Award(Grant) at price 470.32 per share.D2022-09-30Director74
BROWN MARIANNE CATHERINEStock Award(Grant) at price 470.32 per share.D2022-09-30Director82
CHESTON SHEILA CSale at price 473.99 per share.D2022-08-09General Counsel4.03k
CAYLOR MARK ASale at price 470.34 - 477.23 per share.D2022-08-05Officer2.96k
WARDEN KATHY JSale at price 477.78 - 485.73 per share.D2022-08-04Chief Executive Officer10k
WILSON THOMAS L. JR.Sale at price 482.00 per share.D2022-08-04Officer582
KRAPEK KARL J.Stock Award(Grant) at price 478.57 per share.D2022-06-30Director72
BROWN MARIANNE CATHERINEStock Award(Grant) at price 478.57 per share.D2022-06-30Director80
FELSINGER DONALD EStock Award(Grant) at price 454.87 per share.D2022-05-18Director385
FUDGE ANN MStock Award(Grant) at price 454.87 per share.D2022-05-18Director385

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Northrop Grumman Corp. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Northrop Grumman Corp

Here is the result of two systematic investment strategies applied to Northrop Grumman Corp. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Northrop Grumman Corp

The following chart shows the equity curve of the two systematic investment strategies applied to Northrop Grumman Corp:

Northrop Grumman Corp automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 8.15% on the backtest period.

Performance at glance

Performance

8.15 %

Latent gain

241.22 $

Invested capital

2960.08 $

Annualized return

1.97 %
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Momentum strategy results on Northrop Grumman Corp

This is the result of two momentum investment strategies applied to Northrop Grumman Corp. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Northrop Grumman Corp

The following chart shows all the entries opened by the momentum investment system on Northrop Grumman Corp:

Northrop Grumman Corp momentum entries
  • The first momentum investment strategy would give 14.94% of return on Northrop Grumman Corp. That represents 739.9$ of latent gain with 4951.3$ of employed capital.
  • The second momentum investment strategy would give 12.66% of return on Northrop Grumman Corp. That represents 439.54$ of latent gain with 3473.16$ of employed capital.
Performance at glance (1Q Momentum)

Performance

14.94 %

Latent gain

739.9 $

Invested capital

4951.3 $

Annualized return

2.2 %
Performance at glance (2Q Momentum)

Performance

12.66 %

Latent gain

439.54 $

Invested capital

3473.16 $

Annualized return

3.46 %

Momentum equity curve on Northrop Grumman Corp

The following chart shows the equity curve of the two momentum strategies applied to Northrop Grumman Corp:

Northrop Grumman Corp momentum equity

Note: the dividends potentially given by Northrop Grumman Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Northrop Grumman Corp

The following chart shows the employed capital evolution of the two momentum strategies on Northrop Grumman Corp since the beginning:

Northrop Grumman Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Northrop Grumman Corp

Buy the dip entry openings on Northrop Grumman Corp

Northrop Grumman Corp

The performance achieved by the robo-advisor on Northrop Grumman Corp is 4.7%. That represents 47.88$ of latent gain with 1019.22$ of employed capital. The following chart shows Northrop Grumman Corp stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Northrop Grumman Corp, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

4.7 %

Latent gain

47.88 $

Invested capital

1019.22 $

Annualized return

2.2 %

Equity curve of the strategy applied to Northrop Grumman Corp

The following chart shows the result of the investment strategy applied to Northrop Grumman Corp:

Northrop Grumman Corp

Note: the dividends potentially given by Northrop Grumman Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Northrop Grumman Corp

The following chart shows the employed capital evolution since the beginning of the investment strategy on Northrop Grumman Corp:

Northrop Grumman Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Northrop Grumman Corp

In this section, I will compare the three previous investment strategies applied to Northrop Grumman Corp.

Equity curve comparison on Northrop Grumman Corp

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Northrop Grumman Corp investment strategy comparison

Employed capital comparison on Northrop Grumman Corp

Northrop Grumman Corp investment comparison

Performance comparison on Northrop Grumman Corp

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 8.15% 241.22$ 2960.08$ 1.97%
Momentum 1 quarter 14.94% 739.9$ 4951.3$ 3.83%
Momentum 2 quarters 12.66% 439.54$ 3473.16$ 3.46%
Non-directional 4.7% 47.88$ 1019.22$ 2.2%
Annualized return comparison

Automatic investment

1.97 %

Momentum 1Q

3.46 %

Momentum 2Q

3.46 %

Non-directional

2.2 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Northrop Grumman Corp:

Note: The algorithm computes the probability of correlation between Northrop Grumman Corp and the other stocks. There may be false positives or some missing correlated stocks. If the price of Northrop Grumman Corp does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Northrop Grumman Corp
Country United States
City Falls Church
Address 2980 Fairview Park Drive
Phone 703 280 2900
Website www.northropgrumman.com
FullTime employees 95000
Industry Aerospace & Defense
Sector Industrials
Exchange XNYS
Ticker NOC
Market www.nyse.com

Northrop Grumman Corp ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 7.5
Peer Environment Performance 7.9728571428571
Environment Percentile unknown
Palm Oil no
Nuclear no
Fur Leather no
GMO no
Coal no
Pesticides no
Animal Testing no

Social scores

Social ESG Factors Scores
Social Score 14.9
Peer Social Performance 14.758571428571
Social Percentile unknown
Highest Controversy 2
Peer Highest Controversy Performance 2.3333333333333
Adult no
Gambling no
Alcoholic no
Tobacco no
Catholic no
Controversial Weapons yes
Small Arms yes
Military Contract yes
Peer Count yes

Related Controversy: Operations IncidentsEmployee IncidentsCustomer IncidentsSociety & Community Incidents


Governance scores

Governance ESG Factors Scores
Governance Score 5.1
Peer Governance Performance 7.0233333333333
Governance Percentile unknown

ESG at glance
Total ESG Scores: 27.4
Environment Score: 7.5
Social Score: 14.9
Governance Score: 5.1

ESG Performance: AVG_PERF

Peer Group: Aerospace & Defense

Peer Esg Score Performance: 29.758571428571

Rating Year: 2022

Rating Month: 8

Max Age: 86400

Percentile: 53